Don’t forget about Bonus Depreciation!

Does the stress of last-minute Christmas shopping and your impending tax bill get you down? Well, perk up because we have a tax break that can help you out: Bonus Depreciation! Bonus Depreciation allows businesses to deduct a larger portion of the cost of new...

Last Minute End of the Year Tax Tips

Are you one of those people who waits until the very last minute? Here are some end of the year tax tips just for you! Don’t bury your head in the sand. If you feel overwhelmed, the last thing you want to do is bury your head in the sand. At Havig Tax &...

Types of Tax Pro’s: Which one is right for me?

Types of Tax Professionals: Which one is right for me? Most small business owners work with some sort of tax professional, whether it’s a CPA, bookkeeper, tax advisor, or all three. But how do you know you’re working with the right one? Here’s a...

Don’t forget to claim your Employee Retention Credit.

There’s Still Time to Claim Your Employee Retention Credit!   Did your business retain employees throughout the pandemic of 2020 and 2021? If so, you might be eligible for the Employee Retention Tax Credit. The Employee Retention Tax Credit is a refundable...

Business Meals Deduction

The upcoming holiday season is a great time to take your clients, business partners, or employees out to remind them how much you appreciate them.    Here’s a reminder of on the 2022 business meal deduction: Business owners can deduct 100% of business-related...

Helpful Tax Tips for Contractors

Helpful Tax Tips for Self-Employed Contractors There are a lot of perks to being a self-employed contractor! You get to choose the jobs you want to work on, make your own schedule, hire your own sub-contractors, and more. However, being self-employed comes with new...